Index Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
NASDAQ Composite (NASDAQ:COMP)
Bull Market Weakness (+75) - COMP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on COMP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid COMP?
MarketClub looks at technical strength and momentum to determine if the timing is right for COMP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for COMP
The long-term trend has been UP since Jun 1st, 2020 at 9523.64
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 14984.68
The short-term trend has been UP since Oct 14th, 2021 at 14665.99
Smart Scan Analysis for COMP
Based on our trend formula, COMP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||8133.3||52wk High Date||2018-08-30|
|52wk Low||6630.67||52wk Low Date||2018-02-09|